Author: admin

In brief Crypto influencer IcoBeast had their $1 million MegaETH token allocation revoked on Sunday. The revocation was because IcoBeast publicly posted about trying to hedge their MEGA allocation, breaking a rule relating to a one-year lockup period. The Ethereum layer-2 network’s token is currently trading at $0.48 on the pre-market, down slightly from when the influencer had their tokens taken away. Soon-to-debut Ethereum layer-2 network MegaETH is revoking token allocations from those intending to sell or hedge their allotments, with crypto influencer and Kalshi employee IcoBeast a prominent victim of the policy.MegaETH eliminated IcoBeast’s nearly $1 million allocation–based on…

Coinbase has ended negotiations to acquire stablecoin startup BVNK, according to a Fortune report on Tuesday. Sources told the publication that the proposed deal was valued at approximately $2 billion.Both the American crypto exchange and Mastercard had been in advanced discussions to acquire BVNK, the UK-based fintech firm that builds stablecoin infrastructure. Coinbase and BVNK then entered exclusive negotiations.”We’re continuously seeking opportunities to expand on our mission and product offerings,” a Coinbase spokesperson told Fortune. “After discussing a potential acquisition of BVNK, both parties mutually agreed to not move forward.”Decrypt has reached out to Coinbase for confirmation.Editor’s note: This story…

John Deaton, a lawyer who advocates for XRP holders and ran against Massachusetts Senator Elizabeth Warren in the 2024 US election, is making another bid for Congress.At a Monday event in Worcester, Massachusetts, Deaton announced that he would run for US Senate again in 2026, this time attempting to unseat Democratic Senator Ed Markey. The lawyer ran as the Republican candidate in 2024, losing to Warren, a Democrat, by about 700,000 votes.“I’m winning this time,” Deaton said in a campaign video aired at the Worcester event.John Deaton announcing his second run for the US Senate in Worcester on Monday. Source:…

In brief TeraWulf’s stock price was down in after hours trading Monday after rising during the day. In a statement, the company’s CEO highlighted its expanding partnership with Fluidstack and Google. The company’s revenues aligned with its preliminary report in late October. Bitcoin miner and datacenter operator TeraWulf reported $50.6 million in revenue Monday, representing a 87% increase compared to the same period last year.Easton, Maryland-based TeraWulf attributed the gain to Bitcoin’s rising price, expanded mining capacity, and the start of high performance performance computing lease revenue.“The third quarter into the fourth has been remarkably busy for TeraWulf,” Paul Prager,…

The crypto market may face a pivotal week as two major macro events converge — a potential US–India trade deal and a breakthrough in the US government shutdown negotiations. Together, they could trigger a liquidity and sentiment shift powerful enough to lift Bitcoin and broader crypto prices.Sponsored Trade Deal Nearing CompletionOn Monday, Donald Trump said the United States is “very close” to reaching a trade deal with India. The agreement reportedly includes tariff reductions on Indian exports and India’s commitment to curb Russian oil imports, according to recent Reuters and NDTV reports. US President Donald Trump says, “We’re making a deal…

Ending the government shutdown may trigger a $150-$200 billion liquidity injection, but a continuation could derail long-term crypto regulation, Arca’s research head said.

Coinbase is reentering the token sale market with a regulated platform to bring transparency to crypto fundraising. Its first project, Monad, will debut through an algorithm-driven public sale, signaling Coinbase’s return to the initial coin offering (ICO) space.However, the project’s insider-heavy token distribution has raised concerns over fairness and decentralization, reigniting debate about equity in token launches.Sponsored SponsoredMonad Leads Coinbase’s First ICO LaunchCoinbase is making a strategic return to the token sale market with the launch of a regulated platform designed to bring structure, transparency, and compliance back to crypto fundraising. According to reports, the exchange plans to host around one…

Chainlink’s native token LINK LINK$16.05 rebounded on Monday, advancing 5.2% over the 24-hour period to a session high of $16.66 before profit-taking kicked in.The price jump followed a steady upward trend with higher lows and strong participation from traders, but the failure to hold above $16.50 signaled near-term exhaustion, CoinDesk Research’s technical analysis model said.The most significant move came at midnight UTC, when 1.82 million tokens changed hands — nearly 70% above the daily average — confirming a breakout through the critical $16.00 level and validating the rally’s momentum.However, the uptrend stalled as traders began taking profits near session highs.…

Uniswap Labs and Uniswap Foundation, two of the main firms that help steer the Uniswap protocol, are joining forces to propose a new sweeping governance proposal that would completely change the way the ecosystem works today.The proposal, called “UNIfication,” aims to align incentives across the Uniswap ecosystem and position the protocol as the default exchange for tokenized assets. It would do this by activating protocol fees, burning millions of UNI tokens and consolidating the project’s key teams under a single growth strategy, according to a blog post dated November 11 but briefly published on November 10.Under the proposal, which DAO…

While the wider crypto market remains in turmoil, all Trump-linked coins have surged today without any apparent cause. MELANIA has jumped over 54%, while both TRUMP and World Liberty Financial’s WLFI have gained more than 20%.The overall crypto market has recovered cautiously after key negotiations to end the ongoing US government shutdown. However, the previously stagnant Trump coins experienced a massive rally today — unlike any other meme coin or speculative token.Sponsored SponsoredDo Trump Insiders Know Something We Don’t?Both TRUMP and MELANIA launched earlier this year during Donald Trump’s inauguration as US president. But both tokens later collapsed, losing nearly…